Treasury's unclaimed property auction set for May 19-20

By Sue

Oakland County Legal News

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The Michigan Department of Treasury’s Unclaimed Property Program—in partnership with the Michigan Department of Technology, Management and Budget—will hold a public auction on May 19 and 20 at the Lansing Quality Suites in Delta Township.

The auction will feature a wide zvariety of items, including coins, currency, jewelry, precious metals, stamp collections and much more.

The public is welcome to inspect the items from 3-8 p.m. on Friday, May 18, at the Lansing Quality Suites, 901 Delta Commerce Drive. On both Saturday and Sunday, doors will open at 8 a.m. with the auction starting at 9 a.m.

Coins, currency and collectibles will be up for auction on Saturday, with jewelry being auctioned on Sunday.

Payment terms are cash, Visa, MasterCard or cashier’s checks.

Under Michigan’s Uniform Unclaimed Property Act, the state Treasury Department receives abandoned safe deposit box contents and works to return items to their rightful owners or heirs. Items that are not reunited with their owners can be sold at auction.

Proceeds from this auction and other unclaimed funds can be claimed by their rightful owners by submitting an inquiry form or by calling the Unclaimed Property at 517-636-5320.? To learn more, go to www.michigan.gov/unclaimedproperty.